NOT LISTED FOR SALE

403 E Ohio Ave Mount Vernon, OH 43050

Mount Vernon Area
5 Beds
3 Baths
3,224 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: April 11, 2016

Last sale price $75,000 $23 Per Sq Ft

88 Days on Market

About This Home

As of April 2016

Great investment property located in the East end of Mount Vernon. An easy walk to downtown. Stove and refrigerators are included. Two units have been
completely remodeled. All three units are currently rented so you can enjoy a great cash flow immediately. Great investment

Last Agent to Sell the Property

Kelly Briscoe

Coldwell Banker Quest Listed on: 01/11/2016

Last Buyer's Agent

John Sperry

Coldwell Banker Quest License #435788

Coldwell Banker Quest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1910

Lot Details

  • 8,712

Home Design

  • 3,224 Sq Ft Home
  • Mixed Use
  • Frame Construction

Additional Features

  • 8,712 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 66-03937.000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $242
  • Gross Income $1,597
  • Net Operating Income $1,355

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,417

Year Built

Built in 1910

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2014
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.2
  • Total Gross Income: 1597.0
  • Co List Office Phone: 740-397-8800
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 24.81
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 1597.0
  • Annual Expenses: 242.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3224.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Schools

  • Junior High Dist: MT VERNON CSD 4205 KNO CO.

Lot Info

  • Parcel Number: 66-03937.000
  • Lot Size Sq Ft: 8712.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 1355.0
  • Annual Operating Expense: 242.0

Tax Info

  • Tax Annual Amount: 1417.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Apr 6, 2016
Sold by
Bought by
Seller's Agent
Kelly Briscoe
Coldwell Banker Quest
Buyer's Agent
John Sperry
Coldwell Banker Quest
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,404
Interest Rate
0.0335%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
0.0905%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 23, 1995
Bought by

Purchase Details

Closed on
Jul 12, 1993
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 1992
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 1988
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$85,000 None Available
$104,325 None Available
$47,625 None Available
$60,000 None Available
$72,750 None Available
-- --
-- --
$47,900 --
$80,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $70,400
Previous Owner $396,404
Previous Owner $353,200
Previous Owner $77,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $75,000 -6.3% $23 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $80,000 -- $25 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,761 $45,510 $10,800 $34,710
2024 $1,761 $45,510 $10,800 $34,710
2023 $1,800 $54,600 $10,800 $43,800
2022 $1,857 $41,680 $8,250 $33,430
2021 $1,811 $41,680 $8,250 $33,430
2020 $1,764 $41,680 $8,250 $33,430
2019 $1,534 $33,780 $12,570 $21,210
2018 $1,537 $33,780 $12,570 $21,210
2017 $1,512 $33,780 $12,570 $21,210
2016 $1,404 $31,280 $11,640 $19,640
2015 $1,410 $31,280 $11,640 $19,640
2014 $1,417 $31,280 $11,640 $19,640
2013 $1,556 $32,700 $10,940 $21,760
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kelly Briscoe

    Coldwell Banker Quest

  • J

    Buyer's Agent in 2016

    John Sperry

    Coldwell Banker Quest

    (740) 507-3413

    11 Total Sales

    John Sperry
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216000787

Columbus and Central Ohio Regional MLS

APN: 66-03937.000

Ohio Knox County Mount Vernon 43050

403 E Ohio Ave, Mount Vernon, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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